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ArcelorMittal names CFO as president

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ArcelorMittal names CFO as president

ArcelorMittal said March 5 that Aditya Mittal was appointed the group's president. Mittal is concurrently the group CFO and the ArcelorMittal Europe unit CEO.

Despite the uncertainty surrounding the North American Free Trade Agreement, the steelmaker said it remained committed to investing US$1 billion in a new production line in Mexico, according to a report earlier this month.